Share Name Share Symbol Market Type Share ISIN Share Description
Sepura LSE:SEPU London Ordinary Share GB00B1ZBLD47 ORD GBP0.0005
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25p -1.64% 15.00p 15.00p 15.25p 15.75p 15.00p 15.00p 259,931.00 09:21:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 152.0 -15.2 -4.9 - 55.51

Sepura (SEPU) Latest News

More Sepura News
Sepura Takeover Rumours

Sepura (SEPU) Share Charts

1 Year Sepura Chart

1 Year Sepura Chart

1 Month Sepura Chart

1 Month Sepura Chart

Intraday Sepura Chart

Intraday Sepura Chart

Sepura (SEPU) Discussions and Chat

Sepura Forums and Chat

Date Time Title Posts
20/2/201720:06Sepura plc3,206.00
24/11/201616:28New deals on land and in space for Sepura (SEPU)113.00
16/4/201418:16Sepura3.00
05/4/201317:11South African Police Service choose Sepura-
22/7/200812:59sepura-military and commercial radios11.00

Add a New Thread

Sepura (SEPU) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:28:1715.1060190.75O
09:25:5415.52500,00077,600.00NT
09:25:5415.52500,00077,600.00O
09:21:0915.0045,0006,750.00AT
09:21:0915.0010,0001,500.00AT
View all Sepura trades in real-time

Sepura (SEPU) Top Chat Posts

DateSubject
21/2/2017
08:20
Sepura Daily Update: Sepura is listed in the Technology Hardware & Equipment sector of the London Stock Exchange with ticker SEPU. The last closing price for Sepura was 15.25p.
Sepura has a 4 week average price of 18.09p and a 12 week average price of 19.22p.
The 1 year high share price is 198p while the 1 year low share price is currently 10p.
There are currently 370,082,470 shares in issue and the average daily traded volume is 1,375,248 shares. The market capitalisation of Sepura is £55,512,370.50.
08/12/2016
11:19
1gw: Some more thoughts on Hendos just to keep things ticking along, again also posted on LSE. Option 5 works as a theory only until we get another 8.3 from them of course! And since I posted on LSE I realised they could also have been made an insider to discuss support for options in the event the takeover doesn't materialise, such as at what price they would support a placing. So even option 5 isn't necessarily good news. ----- It intrigues me why Hendos didn't (apparently) sell any on Tuesday (6th). Before that the last day they missed was the 29th Nov, a day when the share price didn't get over 20p (according to Yahoo! Finance). So 29th could be explained by them having set a limit of 20p on their daily sales. Before the 29th, the last day they missed was 23rd Nov if I've been tracking the 8.3's correctly. So 5 possible reasons I can see for lack of sales on 6th, and there are probably others: 1. The trader responsible was off that day (mundane but possible) 2. They want to keep the market guessing by not selling every day (non-conspiracy theory) 3. They've reached a level they're happy with (risk management theory) 4. They didn't need to sell to keep the price down that day (conspiracy theory) 5. They've been made an insider and couldn't sell (new theory) 5 is what intrigues me the most. Is it possible that Sepura and Hytera have now reached an agreement that Sepura board is prepared to recommend and they are now working on bringing the major shareholders on board so that when they announce they can say that they already have irrevocable undertakings from holders speaking for x% of the share capital? In order to do this they would have to get any shareholders approached to sign non-disclosure agreements and to acknowledge that they had inside information, which would prevent them selling until that information was made public. Clearly too early to say with any degree of certainty, but an interesting possibility perhaps...
07/12/2016
09:52
1gw: Hendersons. Here's a post I put on the LSE board a while ago. In my mind this is the most likely reason for Hendersons sale - that the AlphaGen Capital part of the company is focusing on "liquid, scalable" strategies and their Sepura holding does not fit and so is being sold down taking advantage of the current bid premium. Since I put the post below we have had a further holdings notice that confirms it is still AlphaGen selling. They are down to 4.4% vs the 8.5% (by deduction) they held on 4th November at the start of the "offer period" whereas HGI are still at the 6.5% they held on 4th Nov. Post I put on LSE board: If you look at the holdings notices, as someone else pointed out, Hendersons holdings are split between 2 subsidiaries: Alphagen Capital Henderson Global Investors It appears to be Alphagen Capital which is selling down their Sepura position. Now recently a team from Alphagen Capital moved to another company. As part of the press around that move, I noticed the following: 'Paul Graham, CEO of AlphaGen Capital, says: “As our business model is increasingly focused on more liquid and scalable strategies, we agreed with Volantis that moving to Lombard Odier IM would be in the best interest of investors.' Now it occurs to me that Alphagen's investment in Sepura (essentially now a very small cap special situations position) is neither very liquid nor very scalable. So is it as simple as saying that Alphagen's holding in Sepura no longer fits the company's investment criteria and so they are liquidating the position in a way which tries to avoid too much disruption to the share price? Link to the article on the move of the "Volantis" team from Alphagen to Lombard Odier, from hedgeweek: hTtp://www.hedgeweek.com/2016/11/02/245351/lombard-odier-adds-volantis-team-1798-hedge-fund-platform
21/11/2016
07:37
larva: Chinese corporation bids to acquire Sepura sepura, cambridge, communications Another Asian corporation is set to hoover up a Cambridge UK technology company in a state of financial flux. Communications technology business Sepura confirms it is in talks with Chinese company Hytera Communications Corporation Ltd. It will be an all-cash deal but the acquisition price will be moderate because digital radios company Sepura is in a mess because of cash liquidity issues. Sepura revealed the takeover talks after its share price spiked more than 25 per cent having nosedived in recent times due to cashflow issues and order delays. Hytera is a world leading solution provider of professional mobile radio communications and operates globally. Late today, Sepura issued a statement on London Stock Exchange confirming it was in preliminary talks with Hytera regarding a possible offer for the entire issued and to be issued share capital of the company. Hytera confirmed to the Sepura board that any offer was likely to be solely in cash. The usual caveats were issued that there was no certainty any deal would go through and shareholders would be updated on new developments. Founded in 1993 in Shenzhen, China, Hytera has grown to be a key player in the PMR (Professional Mobile Radio) communication industry with a large customer base in more than 120 countries and regions across the world. In China, Hytera's market share ranks first among Chinese manufacturers while globally Hytera has reached second place in the overall terminal category. As one of the few corporations that masters TETRA, DMR and PDT technologies, and produces all series of products and solutions of all these mainstream digital protocols, Hytera leads in the draft of digital trunking standard in China. Its acquisition of the Rohde & Schwarz TETRA business in August 2011 further strengthened its competitive edge in TETRA market. Hytera has established a global sales network with 30 branches in the US, UK, Germany, Australia, Brazil and other territories and through 600+ partners across the world. Hytera has an R & D team of over 1200 engineers in five research centres.
18/11/2016
21:51
1gw: Since we've got all weekend (and possibly Monday as well) to wait until we get more rns news, I'll indulge in some speculation. I've been thinking through the scenario put forward by some of the LSE posters that Henderson has been deliberately trying to dampen volatility in the share price (by selling into rises and buying on dips) in order to encourage Hytera to bid, in the hope that a formal bid from Hytera then brings other parties to the table. In my view that could be consistent with a "reluctant" Motorola. Motorola's acquisition strategy appears to be focused on software and services and so it's hard to see quite how Sepura fits into that. A Sepura acquisition would appear more tactical for them, and might also be fraught with regulatory risk given the market concentration that could be argued. So I wonder if Motorola has indicated to Sepura/Lazard that it is not interested in pro-actively offering for Sepura, but reserves its right to bid if someone else makes an offer. This would allow Motorola to argue to its shareholders that it is bidding defensively - to stop a competitor gaining significant market share - and that if it wins a bidding contest then the synergies will make the acquisition attractive even though it is hardware-focused. Maybe just as importantly, in the case of Hytera being the first bidder, it would allow Motorola to argue to (US and European) regulators and politicians that the security benefits of keeping Sepura technology out of Chinese hands outweigh the market concentration risk of swallowing a competitor. So I can just about see the argument as credible here. Henderson could have been trying to restrain the share price in order to encourage Hytera to bid because they believe a Hytera bid will force a Motorola response. I would go further and say that the Sepura board itself might even be prepared to recommend a bid from Hytera in order to secure a higher price from them. But both Henderson and the board would no doubt be hoping that a formal bid from Hytera would provoke Motorola into a defensive bid. The risk of going the "recommended bid" route for the board would be that no-one else does join the party and they end up selling the company for less than it perhaps would have been worth if they had stayed independent and turned the business round. All speculation of course. Shouldn't be too long to wait now to see what really does happen next.
10/11/2016
14:40
knobbly: tsmith... Just remembered I get complimentary copy of shares magazine. Here you go: hTTp://www.sharesmagazine.co.uk/article/sepura-targeted Sepura in the crosshairs Walkie talkie technology play in demand as buyout talks continue A TAKEOVER BATTLE could emerge at struggling walkie talkies technology company Sepura (SEPU:AIM). Buyout negotiations with Chinese suitor Hytera Communications were confirmed on 4 November. Although a firm offer has yet to be made the news sparked a 47% jump in Sepura’s share price to 21.75p. Sepura’s scope to expand into the US, where it this year inked a deal with the New York Transit Authority, and other markets could spark rival interest for the TETRA technology specialist. US companies Motorola Solutions and Harris Corp could be tempted to open talks, especially given the weakness of the pound. Earlier this year Sepura moved its R&D centre and headquarters into a state of the art facility in the Cambridge Research Park in Waterbeach, Cambridgeshire, keeping most of its costs in the UK. Sepura has struggled with delayed orders and mounting debts this year, resulting in a big share price decline from peaks of 197.5p in April. (SF)
06/11/2016
17:25
chadders: My thoughts... According to the financials, SEPU has an enterprise value of £111 million at a share price of 18.5p. As I understand it that values the purchase price of the business at 30p a share if nothing else changes as there are 370 million shares issued. The share price will increase next week so the offer from any potential suitor will have to be north of 30p. The recent placing at 35p would have averaged down the share price paid by the instis and larger holders quite a lot but it would still be significantly above 35p. They get the same price we PIs do. The platform is in place to deliver a substantial recovery in 2017. In my view this approach will have to be north of 45p to stand any chance of success.
04/11/2016
17:27
sh1984: :-) 4 November 2016 Not for release, publication or distribution, in whole or in part, directly or indirectly, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction. This is an announcement falling under Rule 2.4 of the Takeover Code (the "Code"). It does not represent an announcement of a firm intention to make an offer under Rule 2.7 of the Code. Accordingly, there can be no certainty that an offer will be made. Sepura plc ("Sepura" or "the Company") Possible offer Further to the recent share price movement, the Board of Sepura (LON: SEPU) confirms that it is in preliminary talks with Hytera Communications Corporation Limited ("Hytera") regarding a possible offer for the entire issued and to be issued share capital of the Company. Hytera has confirmed to the Board of Sepura that any offer, if made, is likely to be solely in cash. There can be no certainty that any offer will be made, nor as to the terms of any such offer. As a consequence of this announcement, an 'Offer Period' has now commenced in respect of the Company in accordance with the rules of the Code. As required by Rule 2.6(a) of the Code, Hytera is required, by not later than 5.00 p.m. on 2 December 2016, either to announce a firm intention to make an offer in accordance with Rule 2.7 of the Code or to announce that they do not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline may be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code. A further announcement will be made in due course, as appropriate. Off Topic No Opinion Reply to post
15/10/2016
14:46
l0ngshanks: This company manufactures outside the UK, does most of its business outside the UK, does most of its R&D in the UK and has most of its Admin costs in the UK and reports in Euros. Putting all these together, the UK Referendum and negative Balance of Trade impacts on exchange rates should not adversely affect Sepura and may be marginally beneficial. The trading update on the 22nd will hopefully allay short-term fears and result in some improvement in the share price. However, there can't be any more bad news, if the share price is to ever recover and there must be some demonstrable progress and convincing management/board action before the share price rebounds. Longer term, Sepura has to explain how it will continue to grow when the TETRA market starts to decline, and this is probably imminent, if it hasn't already started. I hope this helps genuine investors and followers of Sepura.
07/10/2016
12:45
investment dave: Sepura’s shares are up after the company announced a major new contract win. Sepura has been selected by a large continental European public safety organisation to provide 19,000 SC20 series hand-portable radios. The contract builds on Sepura’s strength in the public safety market and shows that its current strategy is improving the company’s overall performance. Sepura’s outlook is rather mixed. Although its profitability is due to fall significantly in the current year, next year is expected to represent a major step forward for the business. Sepura is forecast to increase its pre-tax profit from £0.4m in the current year to £11.6m in the next financial year. This step change in profitability has the potential to boost investor sentiment in Sepura and could cause its share price to rise. Furthermore, Sepura offers excellent value for money. It trades on a forward price-to-earnings (P/E) ratio of just 6.1. This shows that even if its bottom line performance is lower than that currently anticipated by the market, Sepura has a sufficiently wide margin of safety to merit investment for the long term. In terms of dividends, Sepura isn’t expected to make any shareholder payouts in either the current year or next year. However, for growth investors Sepura has real appeal and alongside Swallowfield, the gains made thus far today could continue over the coming months and years.
28/9/2016
06:28
tjbird: International companies are preparing to cash in on Brexit with a sustained targeting of Cambridge UK technology businesses, investment sources close to the action have told Business Weekly. Opportunist strikes are increasingly likely over the next few months, principally from US and Asia sources who have already signalled their intentions to Cambridge business brokers – and in some cases via direct contact with companies themselves. SoftBank’s controversial, high profile $31 billion bid for ARM looks like being just the start. Sepura, the communications technology business, now reveals that it has been targeted. Two of the city’s brightest young tech companies – one in software and one in the broader communications tech arena – have also confirmed approaches to Business Weekly. One has rejected a bid offer from a potential US acquirer. The other is likely to go in a matter of months if the price is right. Sepura has had a rough ride since reporting short-term liquidity issues and its share price crashed from £1.97p at the start of April to the low-50s. Its stock has risen significantly in the last week, prompting Sepura to concede that it had received a “very preliminary approach from a third party which had since confirmed that it does not intend to submit a formal offer.” The company remains a prime target having recently raised £65m and opened up burgeoning opportunities in North and Latin America with the acquisition of Teltronic. Given its share price and market cap of £199.68m allied to a broadening suite of technologies, Sepura is an attractive target.
Sepura share price data is direct from the London Stock Exchange
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:33 V: D:20170221 09:51:45